Polarn O. Pyret appoints Sara Sjöberg as new CEO

Sara Sjöberg and Johan Munck

The Board of Directors for the iconic Swedish childrenswear brand, Polarn O. Pyret (PO.P), is delighted to announce the appointment of Sara Sjöberg as the forthcoming Chief Executive Officer.

Sara Sjöberg steps into this role with a wealth of experience from digital and omnichannel commercial strategy and operations from H&M Group, ICA, and Accenture. She currently serves as the Head of Omni Marketing and Digital Sales at H&M Group for South Europe, where she has built the Customer Activation & Marketing organization.

Sara succeeds Johan Munck who will be stepping down as CEO of PO.P when Sara has joined, not later than 1^st of September 2024. This is a planned transition by the board of directors and the departing CEO.

Johan Conradsson, Co-Managing Partner at Procuritas says: “With its passion for strong sustainable businesses, Procuritas seeks to support and accelerate the development of PO.P and digitalization of its omnichannel business. We are delighted to welcome onboard Sara Sjöberg, whose experience and vision we believe are ideal for leading PO.P's skilled teams going forward. This move reflects our confidence in the brand's ambitious journey towards redefining sustainability and quality in the textile industry.

On behalf of the board, I would like to thank Johan Munck for his resilient leadership through the toughest of times including the pandemic, corporate restructuring, and the transition to a new ownership. Under his leadership, PO.P has emerged stronger, with enhanced product offerings, record growing sales, and award-winning recognitions for its sustainability efforts."

Sara Sjöberg, incoming CEO of PO.P, commented, “I look forward to working with the team at PO.P and Procuritas to develop the market for high quality children’s clothing in a rapidly changing retail environment, as well as growing the international footprint and reputation of the company.”

Johan Munck, the departing CEO, reflected, "Leading PO.P has been an immense privilege. Together with our team of “Polare”, we've navigated through four years of significant challenges and achievements. As I prepare to step down, my now striped heart remains with this incredible brand and team. I'm confident in the bright future that lies ahead under Sara's leadership."

For high res. pictures: Polarn O. Pyret - Pressmaterial (notified.com)

For further media enquires please contact:

Johan Munck

CEO Polarn O. Pyret (PO.P)
johan.munck@polarnopyret.se

+46 731 55 81 80

Anders Andrén
Head of Communications, Procuritas
anders.andren@procuritas.com

+46 76 133 99 40 

About Polarn O. Pyret - DESIGN THAT LASTS SINCE 1976

PO.P make clothes designed to be loved, washed and worn. And one day handed down to the next child...and the next. We call this design that lasts.

The brand started in 1976 with the desire to make comfortable, high-quality childrenswear. This means a play-friendly design, with no details that chafe or restrict movement, that can be washed again and again. Simply put – clothes that let children be children.

About Procuritas

Procuritas is a private equity investor, focused on investing in and growing mid-market companies. With a passion for business, hands-on active ownership approach and more than thirty-year record from a large variety of transactions, it has supported more than 45 companies in accelerating their growth and realizing their true business potential. Though based in Stockholm, Sweden, Procuritas’ companies are present around the world. As owners, Procuritas is characterized by its enthusiasm, commitment, and strong belief that it is an ally in the quest to build strong and sustainable businesses.